and that's when a grenade blast blew off most of his right arm. president obama attending a memorial service for the late senator in honolulu over the weekend. the first numbers from the holiday shopping season are in. and they are not good. the worse since 2008, in fact, a master card spending pulse report. finding holiday retail sales rose by less than 1% from last june. that's barely moving. most analysts had predicted a 3% to 4% increase. even online sales which had been growing slowed down dramatically. experts blamed several factors including worries fiscal cliff. the bad weather definitely played a role as well. especially super storm sandy, whatever the cause, bad holiday numbers mean bad news in general for the economy. overall many retailers make almost half their sales for the year during the month of november and december. gerri willis from the fox business network now to break it down for us. retailers slash prices. they threw all sorts of deals out there. >> 30%, 40%, 50%, almost 75% at some retail stores. falling consumer confidence